Assembly

Monero

From 35C3 Wiki

Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. The core values of Monero are privacy and fungibility. This assembly continues the tradition from the past years at C3. We are also co-hosting a small stage with presentations and community talks. See: https://taiga.getmonero.org/project/rehrar-35c3-2/

Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on fungibility, privacy and decentralization. Monero uses an obfuscated public ledger, meaning anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination. Monero uses a Proof of Work mechanism to issue new coins and incentivize miners to secure the network and validate transactions.

Monero is a decentralized cryptocurrency, meaning it is secure digital cash operated by a network of users. Transactions are confirmed by distributed consensus and then immutably recorded on the blockchain. Third-parties do not need to be trusted to keep your Monero safe. Monero uses ring signatures, ring confidential transactions, and stealth addresses to obfuscate the origins, amounts, and destinations of all transactions. Monero provides all the benefits of a decentralized cryptocurrency, without any of the typical privacy concessions. Sending and receiving addresses as well as transacted amounts are obfuscated by default. Transactions on the Monero blockchain cannot be linked to a particular user or real-world identity. Monero is called 'fungible' because it is private by default. Units of Monero cannot be blacklisted by vendors or exchanges due to their association in previous transactions.